U A E F r e e z o n e s
Newsletter September ,2017
15-09-2017 / Issue 90
In this issue
Setting Up Companies
Freezone News

Setup Companies in UAE

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45 free zones in the UAE: Find the right one for your new business
ddEstablishing your business in a free zone gives you 100 per cent ownership and repatriation of revenues as well as profits.If you want to have 100 per cent ownership of your company, regardless of type of business, you need to opt for a license and location in one of the many free zones of UAE. .. Read Full Article
11 things nobody tells you about starting business in the UAE
dd Setting up business in the UAE is easier than anywhere else in the Middle East and North Africa (Mena). According to the World Bank’s Ease of Doing Business 2016 report, the nation ranks 31.

With numerous free zones, excellent infrastructure, no taxes, low import duties and a strategic location, the UAE scores far ahead of neighbours such as Bahrain (65), Qatar (68) and Saudi Arabia (82). For instance, it takes only six procedures and eight days to open a company in the UAE, compared to 8.2 procedures and 18.8 days in Mena, and 4.7 and 8.3 worldwide. .. Read Full Article

German firm invests 5 million Euros in Hamriyah Free Zone project
ddThe North Germany-based SOEX Group, a leading company in the sector of marketing and recycling used textiles, is to begin operations from Hamriyah Free Zone ,HFZ, by the middle of 2017.

"We have leased 322,917 square feet area in Hamriyah Free Zone and will be starting construction work of the new plant as soon as possible. We hope we can start our operations by the middle of next year," said Axel Buchholz, Managing Director of Executive Board of the Soex Group after signing the contract with Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority and Sharjah Airport International Free Zone... . Read Full Article

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